WHAT IS SKILLS DEVELOPMENT?
The Skills Development Act aims to expand the knowledge and competencies of the labour force in order to improve productivity and employment. The Main Aims of the Act are: To improve the quality of life of workers, their prospects of work and labour mobility.
WHY IS IT IMPORTANT?
An entity’s biggest asset is its employees, therefore investing in your human capital through training initiatives ensures that talent is enhanced. Businesses give great attention to the recruitment process to ensure that qualified and suitable employees are obtained, the retention is vital and is largely achieved by investing in your staff’s professional development.
Replacing talent can cost more than retaining employees.
As the landscape of business becomes progressively competitive, improving employee performance is essential for success.
WHAT ARE THE REQUIREMENTS?
The legal requirement as per the Skills Development Act stipulates an entity with a payroll exceeding R 500,000.00 per annum (R 41,666.66 pm) is required to pay the SDL (Skills Development Levy)
The SDL is 1% of payroll, paid monthly to SARS. (Reconciled on the EMP201 form monthly)
Annual SETA (Sector Education Training Authority) submissions require 12 months of EMP201’s as proof of SDL payments.
Every entity is allocated to a specific SETA industry, this is originally done by SARS, if incorrect a SETA change can be done if required.
BCH OFFERS FOUR TYPES OF TRAINING -
1. PUBLIC TRAINING
Mandatory safety training courses are offered at public venues around the country. These include First Aiders Level-1, Firefighters, Evacuation Leaders and OHS Representatives.
2. LIVE FACILITATED TRAINING
Over 85 subjects to choose from, this option is for clients requiring training to be conducted on-site by one of our qualified and experienced facilitators.
3. ON-LINE TRAINING
PGCA is currently developing an online training platform. Available courses and information will be provided.
Over 85 subjects to choose from, this option is for clients requiring training and is our most cost-effective solution. All course material and assignments if applicable is delivered.
More SD Information
Skills Development encompasses many options that can be customised to our clients needs and many legal requirements in order to adhere to.
Skills Development applies and integrates with not only its own Act but also the SDL (Skills Development Levies) Act, EE (Employment Equity) Act, B-BBEE (Broad Based Black Economic Empowerment) Act & OHS (Occupational Health & Safety) Act.
This is why BCH together with our umbrella solution provides you a complete compliance coverage and is the right choice for your entity.
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For further information regarding your SKILLS DEVELOPMENT requirements or for a consultation meeting,
please send us your query or request.